In the wake of the COVID crisis, cybersecurity has emerged as the top priority for enterprises to safeguard their digital assets and customer data. Behavioral changes of customers and business transformations are forcing enterprises to adopt digital solutions that are turning out to be much more vulnerable because:
- Employees are required to work from home, mostly using unsecured network and devices for work
- Increase in customer engagement via digital medium
- Leniency in Access management to allow third-party networks for continuous work
Top cyber threats for enterprises include Identity theft, Malware, Phishing emails, etc. According to VMware Carbon Black threat data, attacks in this sector have grown by 238% from February to the end April 2020.
Demand for Cyber Security professionals
An increase in these cyberattacks has led to the demand for such niche talent that will continue to grow and outstrip supply in the upcoming years. Cybersecurity Ventures, a leading researcher and publisher predicted 3.5 Million cybersecurity jobs that will remain unfilled globally by 2021. Additionally, ISC2, a nonprofit training group estimated that the potential growth of the global cybersecurity workforce by 145% can eliminate the skills gap.
However, most of the companies do not have a strategy to manage their security workforce. This makes it quite difficult for them to know what the basic requirements are in terms of people, skills, and talent.
Hunting for cybersecurity talent with our Talent Intelligence platform
Draup’s machine learning model is a one-size-fits-all solution that examines role taxonomy with various cybersecurity job roles/skills across functions. The ocean of data in this unique platform helps HR leaders in locating cybersecurity talent based on its availability and relevant skills/expertise at an optimized cost.
With the new work environment, HRs are leveraging this tool to analyze cybersecurity skills/functions that can be hired remotely to perform critical security tasks. On further examination, we found that over 1 Million Cyber Security professionals have been employed globally, with the top six countries employing 80% of the global Cyber Security talent.
While Seattle and Bay Area have high-quality talent, Bengaluru and NCR in India, Tel Aviv in Israel are the cost-effective locations for hiring this métier talent. Security Software Developer and Security Architect are the top job roles employed by the IT & Tech companies based in Bengaluru.
The growing demand for digitization and increased usage of cutting-edge digital products will place a lot more demand for the cybersecurity workforce in the near future. Now, this is an apt time for the organizations to understand the criticality of such niche talent and devise their talent acquisition/talent retention strategies accordingly.
Download the report now for more such insights on cybersecurity talent and how Draup can assist in attracting talent based on the ideal location, talent availability, and cost.